Jakarta (ANTARA News) - State-owned Bank Rakyat Indonesia Tbk (BRI) last year booked a net profit of Rp11.47 trillion, up 56.98 percent from the year before.

The profit hike was among others fueled by a 20 percent increase in the amount of loans channeled, BRI President Director Sofyan Basir said here on Thursday.

"In addition, it was also contributed by fee-based income reaching Rp5.5 trillion in 2010. The figure represents a 67 percent increase compared to Rp3.3 trillion the year before," he said.

With the performance, the bank maintained its predicate as the country`s largest bank in terms of making profit since 2005.

He said the bank`s total assets rose 26.58 percent to Rp398.393 trillion as per December 31, 2010 from Rp314.746 trillion in the same period the year before.

The bank`s capital adequacy ratio (CAR) increased to 13.76 percent in 2010 from 13.20 percent in 2009.

Meanwhile, return on asset (ROA) and return on equity (ROE) respectively rose to 4.64 percent and 43.83 percent in 2010 from 3.73 percent and 35.22 percent in 2009.

The bank also managed to keep down the gross amount of non-performing loans (NPLs) to 2.78 percent in 2010 from 3.52 percent in 2009, he said. (*)

Editor: Kunto Wibisono
Copyright © ANTARA 2011